93 Glyde Road, Lesmurdie WA 6076

1935 cottage | 1449m² land | 1 bathroom | Bushfire Prone | FTTP NBN This property presents a distinct proposition centered on substantial, usable land in a established setting, a configuration increasingly rare near Perth. Its 1935 cottage, updated but retaining character, suits a buyer seeking space and charm over modern amenity, evidenced by the single bathroom. The large block offers clear extension or subdivision potential, subject to council approval, positioning it for a long-term holder or a strategic renovator. The established school catchments and fibre internet support livability. The primary cost is the Bushfire Prone Area overlay, which mandates construction standards and likely increases insurance premiums. The 2023 sale suggests recent vendor motivation, providing a relevant price benchmark. Commercial logic lies in leveraging the low building coverage and land size. This property is a hold-and-improve proposition, not a passive investment; its value will be unlocked by the capital and planning invested to utilize its latent land value.